Nifty Futures Trading Part 2 (Positional)

[learn2trade08]

2.30 factor....

 

[lalpar]

FREE FALL!!! IIP nos good or bad!!! Mornig junmp was a trap!!! I also felled to trap as was short and lost 25 points..But then bought puts!!!
!

 

[renu daga]

what i think is,,, we had short term correction,,

which asish da had posted,,teh chart.. so if not today,,,4270...
closing tehn we are in better state,,,a sbands are contracting,,,
so lke sunil siad he shall be buy till 4200,,me too
( going shorts,,,and renu!!!!)
would order sat da to close his shorts !!!!

renu

 

[lalpar]

what i think is,,, we had short term correction,,

which asish da had posted,,teh chart.. so if not today,,,4270...
closing tehn we are in better state,,,a sbands are contracting,,,
so lke sunil siad he shall be buy till 4200,,me too
( going shorts,,,and renu!!!!)
would order sat da to close his shorts !!!!

renu

hi Renu,

I belive we shld not take a decision based on ST movements ....It is very volatile to take a decsion..

 

[parttimetrader]

What do you make of the HUGE premium in Nifty Futures (27 points) - What's going on here? *I am getting increasingly wary of keeping my short position open*

 

[lalpar]

well no body can explain clearly what the HELL is happening ...onlything i can say is I am holding my PUTS!!!!

 

[praveen taneja]

Czar sir wat u suggest book profit in 4100 puts or wait for 4147 of Da........

 

[coolboy007]

well no body can explain clearly what the HELL is happening ...onlything i can say is I am holding my PUTS!!!!

Whatever is happening it loos as if mkts are in full control of operators right now . Absolute freefall without any reason. Good i used my Sl yesterday for nifty sep.

 

[renu daga]

long at 64

renu

with stop of closing

 

[Czar]

Sorry mate, this is crutial moment... I would wait for either break down or up as per levels mentioned earlier... dont mind missing few bucks...

Personally I went long hedged now with hedged puts...